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Automotive Steering Systems Market growth development, analysis, forecast by 2026 key players_ ZF Friedrichshafen AG, Sona Koyo Steering Systems Ltd., Hyundai Mobis, Mitsubishi Electric Corporation



Automotive Steering Systems Market: Overview

Further, the market report includes the major players as well as their role in the global Automotive Steering Systems market. The study also focuses on market status, growth rate, market drivers, opportunities, challenges, product innovation, recent developments, risks, entry barriers, and government regulations. The research report on Automotive Steering Systems market represents the granular analysis of the market with qualitative and quantitative analysis. The report major focus is on market segmentation, market size, and key players’ analysis and their strategies.

Automotive Steering Systems Market Overview

The automotive steering system in one of the important components in the vehicle as it works as the controller and communicator between vehicle and driver. The system includes various components including steering wheel, steering column, intermediate shaft, tie rods, and hydraulic pumps among others. Globally, the increasing demand for vehicles drives market growth. Globally, emerging countries like China, India, and Brazil will have a huge impact on the automotive steering system market because in these countries people buying behavior has changed due to changing lifestyles. The changing lifestyle enabled them to buy luxurious products like vehicles which will increase the demand for automotive steering systems. In addition to this government initiatives to develop eco-friendly vehicles and increasing consumer disposable income also fuel the growth of the automotive steering market.

Major Stakeholders

Components Manufacturers , Automotive OEMs, Vehicle Manufacturers, Industry Associations and Experts, Traders, Distributors, Suppliers , Government and Regulatory Authorities, Research and Consulting Associations, Manufacturers of Telemetric Devices

Segmentation of the Market

Automotive Steering Systems Segments

Please follow the below segmentation.

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Major Objectives of the Report

  • To provide an in-depth analysis of the niche market segments in the market
  • To provide detailed analysis of strategic developments such as mergers, acquisitions, product launches, innovations, joint ventures, collaborations and partnerships in the market
  • To provide detailed information about the key player in the company profile section of the Automotive Steering Systems market report
  • To offer detailed research on various factors including opportunity analysis, market trends, market dynamics, and micro & macro economic factor analysis
  • To track regional level market trends across North America, Europe, Asia Pacific, Latin America, and MEA
  • To disclose the information regarding segments and sub-segments
  • To provide detailed analysis of competitors and their strategies

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Key players are analyzed in competitive landscape

The competitive analysis of the leading players in the competitive landscape provides a summary of the vendors’ presence in the market. The competitive landscape tracks the competitive developments such as partnerships, collaborations, partnerships, new product developments, mergers & acquisitions, and R&D activities of the leading players.

Worldwide Automotive Steering Systems Market



Table of Contents

  • About Us
    • Why Should you buy this report (sample)
    • How this report delivers? (sample)
    • Key Questions Answered(sample)
  • Chapter 1: Introduction to Automotive Steering Systems Market
    • Market Definition
    • Market Segmentation
    • Macro Economic Factor Analysis
  • Chapter 2: Executive Summary
  • Chapter 3: Market Factor Analysis
    • Porter’s Five Forces Analysis
    • PESTEL Analysis
    • Value Chain Analysis
    • SWOT Analysis
    • Pricing Analysis
  • Chapter 4: Global Automotive Steering Systems Market Estimation & Forecast By Product
    • Electronic Power Steering Systems
    • Hydraulic Power Steering Systems
    • Electro-Hydraulic Power Steering Systems
  • Chapter 5: Global Automotive Steering Systems Market Estimation & Forecast By Application
    • Passenger Vehicle and Commercial Vehicle
  • Chapter 6 Global Automotive Steering Systems Market Estimation & Forecast By Region
    • North America
    • Asia Pacific
    • Europe
    • EMEA
    • Latin America
  • Chapter 7 Competitive Landscape
    • Competition Mapping
    • Company Profiles (Suppliers)
      • Bosch Limited
      • Nexteer Automotive
      • Robert Bosch Automotive Steering GmbH
      • SHOWA Corporation
      • Sona Koyo Steering Systems Ltd.
      • ThyssenKrupp Business Area Components Technology
      • China Automotive Systems Inc.
      • Hyundai Mobis
      • JTEKT Corporation
      • ZF Friedrichshafen AG
  • Chapter 8 Recommendations
  • Chapter 9 Acronyms and Assumptions

Research Methodology

Market players analyzed through secondary sources, including Bloomberg, Factiva, Businessweek, and journals, and these sources used to finalize the market revenue of these players to estimate the market numbers. Primary research included comprehensive interviews with key people and opinion leaders, such as directors and senior executives. The study includes bottom-up and top-down approaches to finalize the global numbers in the market. The market share, percentage splits, and breakdown of the major market segments were predicted by applying secondary sources as well as primary sources. Multiple factors that affect the market have been included in the research study, and these factors have been extensively analyzed and verified through primary sources as well as secondary sources to provide a 360-degree view of the market. The above information consolidated and added in the report to provide detailed inputs and valuable insights into the market.

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